i was told by my mentors that the tax rate is very high for the capital gains for flippers and wholesalers compare to landlord. I understand the landlord part clearly, however does not know how much tax does a flip...
Hello Everyone,I am fairly new to real estate investing and bigger pockets. I am in the process of buying my second property in Texas. The property is a duplex and when I first saw the property the listing agent only ...
I just read this article about NPNs:https://papersourceuniversity.com/the-dirty-little...Some of you may already be familiar with this article, but it's something that has always bothered me. One school of thought is,...
I'm assuming a note with zero down and purchase price equals the balance of the note. The note is held by a private investor who is willing to let me assume the note. What's the best way of handling this from a lega...
Hey guys!
I am planning on getting back into my wholesaling after taking about 12mo off. I took time off after I lost my biz partner and decided to rehab a few houses and let my life calm down a bit!!!
I'm getting b...
I was talking to a man a week or so ago, and he said that his friend used to buy properties that were a few days prior to foreclosure. He said it kept the bank from having to execute the eviction process, it salvaged ...
I invest out of state in C-class neighborhoods in the Midwest. One of my units MAY be in an area that is going down hill, but I could absolutely be wrong. From several states away, how can I be sure? I'd hate for a te...
Myself and two partners are under contract on a 10 unit MHP in Greene County, NY with well water and septic. The property also has three houses and a 5 unit apartment building. I am looking for an inspector and wonde...
Hi everyoneI have a section 8 tenant in GA. She have rented my house for a few years now, and she expressed interest on buying my house. I still have a mortgage on it. How do I go about putting this deal together a...